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Sep 26, 2012
09/12
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so if he keeps some of the policies in place that obama has kept in, i. e. low interest rates until 2015, fed funds at a quarter percent, if he does something like that that might still give a little buoyancy to the gold price going forward, at least into the first quarter of 2013. >> what happens after the election? where does gold take out direction, will it be from politics and the possibility of falling off the fiscal cliff or will it be from economics namely u.s. economic data and the you're row crisis? >> combined, globally right now, we have quantitative easing, okay, we have a lot of promises without any action, okay. so the promises gave us let's call it a $100 rally at least in gold. the action i do believe will double that, okay, and give us at least another $100 plus. >> what would it take to see a major selloff in gold? >> major pullback in goal prices would probably be rise in interest rates which i don't believe we're going to see. the market is very crowded at a price point, let's call the price point $2,000, you might have some reasonable pr
so if he keeps some of the policies in place that obama has kept in, i. e. low interest rates until 2015, fed funds at a quarter percent, if he does something like that that might still give a little buoyancy to the gold price going forward, at least into the first quarter of 2013. >> what happens after the election? where does gold take out direction, will it be from politics and the possibility of falling off the fiscal cliff or will it be from economics namely u.s. economic data and...
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Sep 18, 2012
09/12
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in his comments, romney described supporters of president obama as "dependent upon the government." >> there are 47% of the people who will vote for the president no matter what. all right, there are 47% who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name- it. that-- that's an entitlement, and the government should give it to them. and they will vote for this president no matter what. >> tom: now, late last night, romney said his comments were about the political process of attracting voters. >> of course, individuals are going to take responsibility for their lives. my campaign is about helping people take more responsibility and becoming employed again, particularly those who don't have-- don't have work. this whole campaign is focused on getting people jobs again, putting people back to work. >> tom: the number romney used in his fundraising comments, 47%, may have come from this man's group. donald
in his comments, romney described supporters of president obama as "dependent upon the government." >> there are 47% of the people who will vote for the president no matter what. all right, there are 47% who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name- it. that-- that's an entitlement, and...
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Sep 17, 2012
09/12
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WMPT
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republican candidate mitt romney accuses president obama of playing nice with china. many see this action as a chance for the president to look tough before the november election. >> there's nothing really new about the trade allegations that have taken place. the timing is political opportunist for both sides however, this is not an indication that the us and china are headed to a trade war, and this is not an indication that either side takes trade enforcement lightly. this is simply a taking a trade issue and framing for a moment of political convenience for both sides. >> reporter: sean west of the eurasia group says when it comes to the w.t.o. rules, the u.s. and china both get as close to the lines as possible and aren't scared to file complaints when the other one goes too far. sylvia hall, "n.b.r.," washington. >> susie: meanwhile, general motors and the u.s. treasury are throwing water on a report in today's wall street journal, that said the automaker is pressing uncle sam to sell its stake in g.m. the government owns more than 26% of g.m. it received the sh
republican candidate mitt romney accuses president obama of playing nice with china. many see this action as a chance for the president to look tough before the november election. >> there's nothing really new about the trade allegations that have taken place. the timing is political opportunist for both sides however, this is not an indication that the us and china are headed to a trade war, and this is not an indication that either side takes trade enforcement lightly. this is simply a...
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Sep 10, 2012
09/12
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president obama raised more money than republican rival governor romney did in august. he brought in $114 million last month, or about $2.5 million more than the republican candidate. august marks the first time in three months the president raised more money from his supporters than governor romney. ford will add 1,200 jobs next year at its flat rock assembly plant. that plant in suburban detroit, where ford and mazda used to build cars together, will add a second shift next summer, to build the ford fusion. >> they're hourly positions and they run the gamut from working in our body shop, to working in our paint shop, to working in what's known as our final assembly area. and these are all very good paying jobs that will help i think not only the local communities, because in addition to the 1,200 hourly positions in the plant itself, there's a trickle down or a multiplier effect of jobs that are created in communities. >> tom: ford expects its newly re-modeled fusion to be a top seller, already, hitting record sales in august. the michigan plant will be in addition to
president obama raised more money than republican rival governor romney did in august. he brought in $114 million last month, or about $2.5 million more than the republican candidate. august marks the first time in three months the president raised more money from his supporters than governor romney. ford will add 1,200 jobs next year at its flat rock assembly plant. that plant in suburban detroit, where ford and mazda used to build cars together, will add a second shift next summer, to build...
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178
Sep 1, 2012
09/12
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president obama will tour the area on monday, for a first hand look at conditions. >> tom the weather conditionshey today besides the stuff going on with the fed and bernanke in jackson hole. investigators closed out the day and the month of august on the upside. >> the rally here continues, al. let's get to it with tonight's market focus. >> we saw in the major indiceso. stocks saw a modest positive reaction to the federal reserve chairman's comments on the economy today. the s&p 500 spent the session in positive territory, except for just a couple of minutes as ben bernanke began his speech this morning in wyoming. trading volume picked up just an little from the low levels this week. 745 million shares on the big board. just under 1.4 billion on the nasdaq. all three of the major indices are lower tonight compared to a week ago. the dow industrials was down a half percent for the week. the nasdaq slipped just one- tenth of a point. and the s&p 500 fell 0.3% but for the month of august: gains. the dow was up 0.6% this month. the nasdaq gained 4.3%. and the s&p 500 was up 2% with the
president obama will tour the area on monday, for a first hand look at conditions. >> tom the weather conditionshey today besides the stuff going on with the fed and bernanke in jackson hole. investigators closed out the day and the month of august on the upside. >> the rally here continues, al. let's get to it with tonight's market focus. >> we saw in the major indiceso. stocks saw a modest positive reaction to the federal reserve chairman's comments on the economy today. the...
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187
Sep 24, 2012
09/12
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. >> what do you think is facted into the market right now, an obama victory or a romney victory? >> i think it is either president is going get elected i think the market will react the same way. i think the market will still move higher because what we have seen is the economic data that has been coming out of washington has supported this rally that we've seen. job numbers are getting better. housing numbers are getting better. not at the speed in which everybody would like to see it but yes, things are getting better. >> even after the election we still have the overhang of the fiscal cliff. how are traders viewing that threat. >> that's scary it is a date on the calendar that keeps getting pushed but we know is out there and something like that is going to come. but as time gets pushed out there are some really big dark clouds that are there and i think investors will have to figure out who they think is going to be best to get us through there. do you take the-- incumbent president who has been sitting there and part of these issues and part of the solutions that are there,
. >> what do you think is facted into the market right now, an obama victory or a romney victory? >> i think it is either president is going get elected i think the market will react the same way. i think the market will still move higher because what we have seen is the economic data that has been coming out of washington has supported this rally that we've seen. job numbers are getting better. housing numbers are getting better. not at the speed in which everybody would like to...